2012-11-12
2012-11-20
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a big deal or grand bargain with the republic speaker john boehner. during election year we haven't heard any of that because they were fighting so much. now the president saying how he wants a deal. speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion

. igor, back to more serious stuff we ought to be talking about. so john boehner is saying hey we can have -- we can find some common ground here and republicans are quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want overwhelmingly. so you know, the administration has actually been fairly optimistic about where boehner is and negotiating with boehner and negotiating maybe with some of the rank and file who are more likely to come to an agreement. maybe go into the senate. and doing this very publicly. they're meeting with a lot of groups with labor groups, with business groups and they've

, that $1.6 trillion, is twice the amount of revenue that he and boehner put on the table last summer. it's a clear sign to the left that the president has stopped beginning his negotiations from the middle ground, something democrats have often complained about with this president. afl-cio president said he's confident that the president is not going to fold. >> the president led with that notion of protecting the middle class. are we going to collectively stand up and make sure that workers get a fair shake in all of this? absolutely we are. do we believe that the president is committed to that same thing? absolutely we do. will the president show today he's willing to go over the fiscal cliff if reboundians don't make the deal they are satisfied with. in a new pew poll, 50% will not reach an agreement in time. 53% are assuming republicans will be more to blame if no deal is struck. but yesterday minority leader mitch mcconnell, who met with the three gop freshmen, new senators, will join the repub c republican conference, struck a hard line when it came to tax rates. >> in politics th

house? is it john boehner? >> i think the president is the only with one that can sign the agreement. john boehner needs to have an agreement that the house of representatives will pass, and i think whatever the two of them agree on will pass the senate. but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i

age to 67 and cap benefit hikes under social security. obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to

for the democratic leadership, speaker boehner also intends to stay on, so we'll be seeing some of these elections take place but the big surprise is not a surprise, she's staying put. >> nbc's kelly o'donnell on capitol hill for us. kelly, thanks so much. >>> there is an awful lot happening from capitol hill and during what is expected to be the lame duck session i'll talk with maxine waters next. >>> then just over two hours until the president's news conference, first one difference re-election. what do you think the first question will be? reporters asking about what? tweet me at thomas a. roberts or find me on facebook, thomas a. roberts on msnbc. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you f

's debt crisis. but speaker john boehner told house republicans that after last week's election the mandate from the american people is to work together even if it means additional revenues through tax reform. meanwhile bill kristol, editor of "the weekly standard," seemed to cave in on the president's demand that wealthy people pay more. >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. really? t >> reporter: the president begins making his case this week. what's different this time is that administration officials are already suggesting to congress that mr. obama is willing to let the deadline pass, let tax rates go up, and spending be cut if he can't get the deal he wants. norah, charlie? >> wow. bill plante in washington, thank you. >>> later this morning we'll ask conservative activist grover norquist if republicans are backing away from his no tax increase pledge. >>> two weeks ago today superstorm sandy battered the northeast. more than 100,000 homes and businesses still have no power. most of them

would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today the president is scheduled to meet with ceos from a dozen companies. there's some of them on your screen. general electric, ford, ibm all playing a part. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed-door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would, quote, not budge when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio, richard trumka, was among those at the white house meeting. he said he and the president are on the same page. >> we're very, very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to. the president led with that notion of protecting the middle class, and now you have republicans that have it in their power, they could sign a bill tomorrow that protects

boehner, basically had a deal in place, it ended up getting blown up at the last minute. i think there is a, perhaps, a new conciliation on both sides. i think they were waiting for the election to get over. i think the attitudes are positive on both sides. and i think they've got the framework for a deal already set up from last year. so i don't think that there are any closer but i also don't think they were that far away last year in 2011. >> do you think that closing the loopholes would be enough for a deficit reduction package? >> it doesn't appear that that's going to raise enough revenue to get to where the democrats want that to be. republicans say they don't want to raise rates. there are some -- there's some budget chicanery that can go on in terms of dealing with one baseline instead of another baseline. that's what it looked like boehner wanted to do last year. there are a lot of different options here. it's interesting, bill kristol from the weekly standard appeared to be talking to grover norquist, the anti-tax activist in those comments that he played earlier, talk

of them is obamacare, as john boehner put it the other way, it's the law of the land. that means that businesses are going to be laying people off. that means that over eight million americans who are part time are going to continue to work part time until we see a real resurgence in this economy, certainly. because it's just not economical for the employer to move ahead. it's cheaper for them, in fact, to pay a $2,000 fine. imagine this, to pay $2,000 for an employee they didn't hire who they've hired and not put them on an employee-sponsored insurance plan. this is the exact reversefect of what we had, you know, been told would occur. but we should be used to that, because so much of the -- so many of the consequences have not been intended because they were never thought out by this congress, the previous congress. and we're looking at people saying it's partisanship. let me give you an example of why that's pure bull, shannon, many i fay. shannon: please do. >> one of the companies laying off people is a company called stryker, one of the medical device makers, one of the big

-brainer that even a john boehner or mitch mcconnell have to see they cannot survive politically and oppose that. >> eliot: one would hope so. this is one where you want the president to watch the days and watch and say i'm not moving. this is your fault. >> bill: right. then here's the latest wrinkle. i'm sure you saw yesterday some democrats now say that they're buying the mitt romney plan, if you will, of let's not raise tax rates. let's just close loopholes. right. can you get there -- two-fold question eliot. i hate to put you on the spot. one is what's wrong with raising tax rates and two can you get there just by closing loopholes? >> eliot: nothing and no. nothing wrong with raising the rates on the top folks including me including the president including -- >> bill: and me. >> eliot: this is what this campaign was about. the president spoke to it eloquently. bill clinton. every economic study. i wrote my editorial on my show the other night the congressional research service just came out with a study saying ther

on the growing debt. john boehner and president obama are the primary negotiators. what are both sides going to need to do to get the job done? chris van hallen joins us now. thanks for coming in. good to have you here. >> good to be with you. >> is there any reason that i or we the american people can have any optimism this is going to get done before the end of the year? there's not a lot of time left and a lot to deal with. >> yes, there is reason for optimism. there is a combustable risks. but there is opportunities here. with respect to across the board cuts, i think there's a decent chance congress could come up with an alternative way to reduce the deficit over a period of time so you don't have these slashing cuts. you'd have to replace those savings with other savings but that's doable. the tax piece is more complicated. you've heard the president make the point that he wants to immediately extend tax relief to 98% of american people. 100% of the american people would get tax relief on the first $250,000 of their income. on income above that, we should have people go back to the rat

other point that i want to make and that is that my understanding is tomorrow is representative boehner's birthday. for those who want to wish him a happy birthday, we're not going to embarrass him with a cake because we didn't know how many candles were needed -- >> yeah, right. >> but we do want to wish him a happy birthday. >> thank you. >> thank you, everybody. appreciate it. >> house and senate leaders spoke briefly to reporters. >> good morning, everyone. we had a very constructive meeting with the president to talk about america's fiscal problem. i outlined a framework that deals with reforming our tax code and reforming our spending. i believe that the framework that i have outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness, we have put revenue on the table as long it's accompanied by significant spending cuts. while we're going to continue to have revenue on the table, it's going to be incumbent for my colleagues to show the american people that we're serious about cutting spending and solving our fisc

for these negotiations, john boehner's position is he is open to revenue, but not if it includes increasing the top tax rate. he is only doing it through some mystery process of tax reform where you have a large amount of revenue, but still at 35% of the top tax rate or if boehner has his druthers, have a lower tax rate, maybe 28% as in simpson-bowles. the white house doesn't think the math will work out. they believe even when it can, you have to do such radical things like eliminating charitable deduction at the top brackets entirely, it wouldn't be worth doing if you could. their view, it is not a compromise to say in a future tax reform process you're going to get that money, they're not going to sign anything that doesn't include the top tax rate going up at the end of december. >> justin, you were in the room with the president today. can you confirm that quote that the huffington post has, i am not going to budge, i said in 2010 i'm going to do this once and i meant it? >> i actually don't remember if those are his exact words, and also the president asked us to keep the contents of that meeting

boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a little unbelievable, but there is lot of twists and turns in this scandal we've been following so closely surrounding former cia chief and now others. hi, everybody. glad to have you with us. i'm jenna lee. rick: happy tuesday. i'm rick folbaum in for jon. controversy over the timeline of events over the petraeus investigation with members of congress wanting to know why the fbi didn't notify them and the white house until just recently when it began months ago. that investigation far from over. fbi searching the home of petraeus's alleged mistress, paula broadwell. after david petraeus resigned his post as america's top sp

boehner used a post-election conference call with rank-and-file republicans to plead for patience, to give him running room to negotiate with the president who did just win reelection. mandate or not. >> let's discuss what's going on in our "strategy session." joining us are donna brazile and alex castellanos. that bill crystal comment, go ahead, raise the taxes on the wealthy, maybe more than $250,000, maybe $1 million a year. he says, what's wrong with that? half of them voted for obama anyhow in hollywood, he makes that point. >> i think the big thing is republicans want to plant as much seed corn into the economy so it will grow. but here's how the republicans in the house are looking at this thing. i've talked with a few of them this week. this is not about a deal to raise taxes. we already have a deal to raise taxes. when these tax cuts expire, taxes will go up for everybody. what we're talking about is a deal to get some of the money back. >> but no one wants the taxes to go up for the middle tax, for people making less than $250,000 a year. everyone agrees they should have the curr

they will or will not go on this issue. house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, i remain optimistic. i was born with a glass half-full. >> what i have told leaders privately as well as publicly, is that we can not afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle class taxes don't go up. 98% of americans are not going to see their taxes go up. 97% of small businesses are not going to see their taxes go up. if we get that in place, we are actually removing half of the fiscal cliff. martha: doug schoen, former pollster to president bill clinton. monica crowley, radio talk show host. both are fox news contributors and what i'm hearing through both of those quotes we're pretty much where we were the last time that the president and john boehn

to be here. thank you so much. >> thanks so much. >>> a fiscal cliff, it's coming and if obama and boehner don't compromise, could mean economic disaster, but some lawmakers say hey, there's no rush. actually, we should go over that fiscal cliff. i have a cold, and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. >>> people are counting down the days until the nation goes off the so-called fiscal cliff. the tax cuts and cu

on that famous fiscal cliff. and speaker john boehner's getting in on the love. >> 2013 should be the year to begin to solve our debt through tax reform and entitlement reform. this framework can lead to common ground. because if there was a mandate in this election, it was a mandate to work together to do what's in the best interest of our country. >> but any fundamental reform is going to require republicans to break their signed pledge against raising taxes. we'll discuss that next on "now." hungry for the best? it's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. >>> let's have a serious debate. don't scream and yell. you know what, it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't see why republicans don't take obama's offer to freeze taxes f

. he and house speaker john boehner were close to a deal last year and people chose his way last week tuesday weigh found out that the majority of people agree with my approach. democrats, independence and some republicans. now we need a majority in congress to listen. >> mitch mcconnell didn't give mr. obama a mandate. they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news sunday." >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't. i don't understand why republicans don't take obama's offers to freeze taxes on everybody below 250,000. >> since polls indicate most people favor phasing out he upper inco

for the wealthy. >> while members are not supportive of the tax plan, john boehner are urging them to make compromise, something president obama senior adviser david axelrod called encouraging. >> there's money to be gained by closing some of these loopholes and applying them to deficit reductions. >> one half of those automatic spending cuts would affect the defense department's budget. david martin shows us what that means for the military. >> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words. >> if sequestration goes into effect it's a disaster for national defense. >> reporter: the strategy of pivoting away from the wars in iraq and afghanistan towards the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't face up and deal with the issue of sequestration. >> reporter: in this letter to senators panetta warned by the time sequestration was over the u.s. would have the smallest ground force

to be that much wiggle room, speaker boehner sounded a bit optimistic. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff, without raising tax rates. >> a few have looked closely at what the president have had to say, looked closely at what i have to say. there are no barriers here to sitting down and beginning to work through this process. >> the president says that he is open to any ideas, good ideas, from republicans, to get revenue. he said that he will not slam the door in their faces, but still taking that tough stand, that he will not extend those bush-era tax cuts for wealthy americans. we also saw the president take a strong stand, as you pointed out, in defending his ambassador, ambassador susan rice. the president realizing that she's been coming under attack from republicans, in particular, senator john mccain, who's been going after her, because of the narrative that she told shortly after those benghazi attacks. senator mccain saying that he just wants to get all the facts, suggesting that the white house has not been transparent. the pres

the amount that speaker boehner had offered the president during their debt negotiations last year. today, the president is scheduled to meet with ceos from a dozen companies among them general electric, ford and ibm. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would "not budge" when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio was among those at the white house meeting and says he and the president are right now on the same page, richard trumka. >> we're working to make sure we're not paying a tab for a party we didn't go to. the president led with the notion of protecting the middle class and now you have republicans that have it in their power and could sign a bill tomorrow that protects the middle class so we'll see what they can. are we going to push them on that? without a doubt we're going to push on them. are we going to collectiv

as the middle class does not get hurt. house speaker john boehner seems optimistic about these negotiations. >> we can all imagine a scenario where we go off the fiscal cliff. if, if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class family as tax cut, then, middle class families will all end up having a big tax hike. >> there are no barriers here to sitting down and beginning to work through this process. i don't think anyone on either side of the aisle underestimates the difficulty that faces us. but i do think that the spirit of cooperation that you have seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, remain optimistic. i was born with a glass half-full. if i hadn't been i sure wouldn't be here. jon: so let's get to it. how close are we to the edge of that fiscal cliff? marjorie clifton, a former consultant to the obama campaign a

reflection. but moving ahead, speaker boehner was asked whether paul ryan would be the leader of the party. he referred to him as the wonky guy. what are we to make of paul ryan? >> he is the wonky guy. that was a dismissive comment that the speaker made. what he was trying to say is that he's coming back here, the same guy, as when he left. he's going to be a voice on certain issues, but he's not going to be a leader in the party. >> thank you very much. a pleasure having both of you on today. thank you. >>> coming up, john maca fee, he's wanted for questioning in the murder of his neighbor. details ahead. >>> and just moments ago, president obama finished meeting with labor leaders at the white house. how much leeway will the left give the president when it comes to medicare and social security? that's a question posed by our first read team. we'll check in with them. >>> plus what's being called one of the prison's prime gigs. what's a prime gig behind bars? it's just one of the things we thought you should know. [ forsythe ] we don't just come up here for the view up in alaska. it's th

boehner offered last year and many top republicans say the government should not be raising taxes on everyone. gerri willis is with us, in other than bill kristol said this will not kill us. he pointed out under president reagan taxes on the rich were 50 percent and that was the highest tax rate and we did well. >>gerri: what bill kristol said we would be okay if we raised taxes on people would on the other hand $1 million or more but not specifically addressing what the president said which is raising taxes on people who earn $250,000 or more which is opposed by some democrats here in new york city. >>shepard: no one wants to pay more taxes. what the president is doing he is not saying $250,000, to observers it sounds as if he is ready for compromise. he said he is ready for compromise. >>gerri: and today he met with a dozen corporate leaders from the biggest corporations, walmart, g.e. and chevron, at least six of them in the meeting today have already served on either the president's jobs council or other councils the president has had and lot of people discussing what to do wi

will get my mind right because i'm not going to buddy breathe with john boehner. you never know when he goes from lee marvin to tammy and starts sobbing openly. i'm not going to be the last guy stuck with this. i get it the country has changed. i'm all reporting for duty, sir. >> bill: so now you are going to tell me that you, dennis miller, are now giving up and are going to get in lock step with the secular progressives? >> have you ever seen the movie invasion of the body snatchers. go dead eye so they don't get hassled? that's me, man. [ laughter ] i got my -- i got my own thoughts when i'm out on the sidewalk dodging the sea pods. you are going to see this look. all right? that's exactly what you are going to see. billy, you think is a glitch. i think is a sea change. i don't think this comes back during my lifetime. i do think it comes back in the same way an alcoholic who has a brush with mortality will eventually come back. somebody will have a stroke or somebody will almost croak from alcohol will poisoning fiscally but maybe then we pull it back. this thing is not edging back.

for the middle class. house speaker john boehner says higher tax cuts on the wealthy will slow job growth. experts say compromise may not be reached until the final hours of this year. >>> plans are in the works to prepare pennsylvania avenue for the inauguration. this morning the d.c. department of transportation announced repaving will begin tonight and last ten days. that project will take place during the overnight hour. then affect pennsylvania avenue between third and 14th streets. it will cost about $2 million. the inaugural parade will be held on january 21st. >>> it felt like january out there this morning. the temperatures dipping enough to create some sleet. >> kind of wild for a time. doug kammerer is in the weather center with more on what we can expect next. doug? >> we heard so much from this. yes, we saw sleet. that is frozen rain drops that come down. sleet is what will bounce on your car, freezing rain is what will fall as rain and then freeze on your car. once again, fits bouncing, it is sleet. that's what we had out there. you can see the radar picture showing the rain

. and then we need to deal with the longer-term issue next year. the groundwork is laid. president, john boehner, harry reid, and senator mcconnell -- you can't do in three and half weeks a half weeks what needs to be done. the next year is that moment of opportunity. and i think the work is being done and i think this will help get a result. >> when he does come back and say, i was disappointed when the president come after simpson-bowles, didn't really embrace it and i don't know that we would've adopted it, but it would have been the least possible. it is because the president has been reelected after a very tough campaign. the republicans have been upset by the results of the campaign and you have the raw personal material for this to work out to everyone's benefit. he is very much smart and very effective. >> inner has to get the votes. he calls for both it only gets a vote on his conference committee has problems of his own. .. >> maybe the world economy would collapse if we didn't deal with it, it was taken tonight house of representatives r and it was defeated, and they timely got it pas

boehner. i mean they are the most important players as to whether we get a result. secondly, i've said from day one, i've been saying it for two years, the most important piece of this, andrea, really is medicare because as you look at glen hubbard, as you look at others talking about all these things, the two are intertwined. in other words, as we see true medicare reforms and you see a real solution to medicare, where people know that we've put this behind us and we've dealt with it, i think you see the dial change as it relates to revenue. so, you know, i've been discussing revenues now for at least two years. i do think republicans are open to revenues that are put in place and a pro growth way, but i think people want to see that we've actually dealt with the problem. we haven't generated more revenues without solving the fundamental problems we have and we have what we want to do is put ourselves on a path towards fiscal solvency. i think the key here really is, medicare and to the extent you dial that up and solve it, i think you also dial the other dial which is revenues and i

are at a dinner this evening. hosted by the speaker of the house, john boehner. shep? >> shepard: mike emanuel live on capitol hill. just in to fox news from the o really file? the chief operating officer of the long island power authority or lipa is stepping down in the wake of super storm sandy. this comes on the same day an attorney filed a lawsuit against lipa claiming negligence in the aftermath. and the attorney is seeking class action status potentially including hundreds of thousands of long island customers who, in some cases have had no power for two weeks. the feds say only about 25,000 customers in the storm zone are still in the dark only. certainly a major improvement since just yesterday when the number was three times that. but today as the new york city mayor michael bloomberg pointed out that figure does not include tens of thousands of homes and businesses that are destroyed or too badly damaged for crews even to restore electricity. >> the majority of new yorker who's remain without power do so not because the utilities can't provide power on the street but because necessar

comments made by john boehner who argued against any tax hikes as part of the deal to avoid the so-called fiscal cliff. >> instead of raising tax rates on the american people, the damage it would do to our economy, let's start to solve the problem. this focus on tax reform, close special interest loopholes, and lower tax rates. instead of accepting arbitrary cuts that will endanger our national defense, let's get serious about shoring up the entitlement programs that are the primary drivers of our country's massive growing debt. >> sarah anderson, your response? >> it is crazy to be talking about, as he said, shoring up in time of programs. that is just washington speak for reducing the cost of these programs and limiting access. to think we need to shift the burden onto the backs of the poor and elderly is crazy, when we are in one of the richest countries -- the richest country in the world. our problem is our resources have been misallocated. the approach to the debt should be to look at the ways that we could raise revenue through fair taxation, including tax and financial tran

to every debail of his plan. house speaker, john boehner, wants to keep all the bush tax cuts in place. he's starting to talk about closing up tax loopholes. conservative pundit and weekly standard editor bill kristol said it's time for republicans to come so some sort of compromise. >> conservative movement has to pull back, let people float new ideas, let's have a serious debate. don't scream and yell when one person says it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't understand why republicans don't take obama's offer? >> cnn's senior congressional correspondent dana bash is live for us in washington, d.c. what do you make of his comments? >> soledad, look, bill kristol is not an elected official. he doesn't get a vote. but he is a very influential gop voice here in washington. and around the country. and for him to tell republicans it wouldn't kill to them to agree to tax increases for millionaires. it's a big deal. and we heard some similar talk from republicans who do have a vote like senator bob corker. listen to thi

asked speaker boehner if you are now the de facto leader of the republican party. and his answer was, oh, i wouldn't think so. paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role in the republican party, the house policy wonk? >> i have also been one of the house policy wonks. my role is to continue to be a champion of ideas, to help our party be a reform party that shows how we get economic growth. >> reporter: i asked ryan about speculation that he would be an early front-runner for the republican presidential nomination in 2016. he told me it is way too early to even think about the next presidential race. jonathan karl, abc news, washington. >> he also said another reason that his team lost is that turnout in the urban areas in the country was so high, but they also lost in states with few minorities and rural areas, iowa, new hampshire. if you look at a lot of the president's poll numbers, there was more at play than folks of color coming out in support. that's one important part of the narrative but not the full story. so, inte

. and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of state should she be nominated.

. boehner will be the speaker of the house unless something unforeseen happens in the next few weeks. he will keep the reins. the republicans lost a few seats, but that is not going to affect him. he ran unopposed in ohio for his own race, and the defining conflict of the republican conference in the 112th congress, the conflict between eric cantor and john boehner the speaker is really behind them from everything we have seen. that is remarkably stable, the first three positions. john boehner will be the next speaker, eric cantor will be the majority leader, and kevin mccarthy will be the majority whip. where it gets interesting is for the conference chairman position. that is currently held by jeb hensarling, who has been a rising star for a while within republican ranks. he was a republican study committee chairman, which is the top conservative position in republican circles in the house. there are two people making a run for conference chairman, tom price, who is also a former committee chairman of the past. he is currently making a bid for conference chairman, and then cathy mcmorr

of the year. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of repub

this to be a juicy story as opposed to writing about white house budget negotiations with john boehner, particularly in the last 12 hours as we have learned about an fbi agent who was investigating the case initially who sent a shirtless photo of himself to one of the women involved and now these 30,000 e-mails, suspect e-mails between the general who had been commanding the war effort in afghanistan, general allen, and jill kelley, one of the women involved in this, which make me ask the question, when does he have time to run the war? >> right, right. i want to ask you, too, watching pictures of the white house in the briefing room and jay carney's going to step up to the podium, get a lot of questions, you can bet a lot on the scandal and the implications and this certainly has to be quite a distraction, to say the very least, the white house. how do they get on top of this? how do they get ahead of the story in some way? clearly they're not going to want the president to deal with these questions tomorrow at the press conference. >> well, it's inevitable, you can put money on it president obama

put on the table his ideas on the tax issue. speaker john boehner has said we'll talk about this with you. they both start with strongest positions and then hopefully they can do a compromise on it. the point on this, this isn't just a short-term problem. this is a long-term problem. >> that's what i was going to ask, we've seen the can get kicked down the road. can we get to real results? real answers this time? >> the hope is what you've got is not going to solve this in the next 6 weeks. that's obvious. but should be an overall agreement. that we've got to deal with the entitlement issue. we've got to deal with cuts in the budget. and we've got to deal with the revenue side. the most important thing right now is continue to stimulate the economy to create more jobs so people are paying taxes so we don't have these deficits and if it means targeted tax breaks then we should be considering some of those for small businesses. >> do you think we'll see the compromise we haven't seen? >> i hope so. but it's not a short-term compromise. kicking the can down the road by 6 months

between now and the first of the year. >> and on the house side, it's clear that boehner is sending a message to fellow republicans in the house who have got to make extra steps that we didn't before. >> i think that's true. and i think the president has responded by saying that i'm not whetted to the idea of tax rate increases. i'll settle for more revenue if that's what i can get. >> you got senators reid and mcconnell to actually sit together. >> it was like arranging the paris pease talks or the camp david talks. it wasn't easy. >> were they as uncomfortable as they looked sitting next to each other? >> yes. >> and what did you learn from that? >> well, i think that -- what can you say? they don't strike me as two guys that are -- can sit down in a room over a whiskey and kind of work things out. they're very locked in their ways and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the qu

to look at what prominent republicans have been saying about this since the election. john boehner said, a couple of days after the election, that it was time to work on this reform. this got his caucus irritated. host: let's show the folks some of what he said in that statement. [video clip] >> i am not talking about a seven page bill. i am talking about a comprehensive approach to fixing the borders and a broken immigration system. again, on an issue this big, the president has to leave. i think members on both sides of the aisle want to resolve this issue. host: you said that his caucus was surprised by this statement? guest: from louisiana they put out a statement saying that he was upset about many of the things that boehner said, not just immigration, but conversations on the debt in the next couple of weeks. this problem has been in the house since long before the tea party showed up. the rank-and-file get a little bit nervous, understandably. i think that some of them could possibly lose elections, if they are forced to vote on something as controversial as a path to citizenship

speaker boehner said and said, look, let's work on closing these loopholes and deductions. that is common ground. there's no reason why -- >> that would raise taxes on people. this is where you get this fight in the republican party. because if your taxes go up but your tax rate doesn't go up, is that a sell republicans can live with? >> it depends how it's mixed up. we don't want to raise the tax rate. if you're closing loopholes and broadening the base, lowering the rate, then i think we could get there. >> you signed groemp norquist's pledge i'm going to assume because pretty much every congressman did. >> yes. >> would you be fine doing a compromise where you would go against your signature on that pledge. if you felt there was a compromise on the table -- >> i do not -- i do not -- >> to the pledge -- dramatic, wasn't it? >> it was dramatic. >> but i need these notes so i'm going to put them back like that. >> i do not intend to do that. i want to fight for the principles i believe in. i, too, was elected, and i think that's part of the give and take. >> grover norquist was not elect

week. host: "the baltimore sun" has a story, "boehner ways next moves." this is from "the wall street journal." "post office hint of gop path." host: "she fit a profile." so, more on leadership, which both sides will be voting for this week when they return to washington on who will be their leaders. so, we will continue to watch that story for u.s. well. part of the mix to avoid the fiscal cliff is these jobless benefits. that is the headline in the politics and policy section of "the washington post." "over 2 million americans could lose their jobless benefits before the end of the year." host: susan, michigan, what do you think? should we cut medicare and social security? caller: absolutely not. absolutely not. host: why not? caller: i am a woman who has finally reached the age of social security. all the years the work, this money was taken out of my paycheck. i was told from a very young age that when i reached a fine age of the period where you retire and you can get social security, that all the money that i paid in would be refunded to me. this money is not to be touched, not

after the election you had john boehner come in and say, look, we'll be willing to accept some revenue increases at some particular point. but like i said before, i think it's a reflection of how weak obama was two years ago, otherwise we wouldn't be in this situation. i think the republican party realizes that they were absolutely wiped out last week, they really do need to negotiate more. barack obama needs to stand his ground for once, he never has to run for reelection again and i do think we can get a conclusion that's not going to lead us to some horrible economic apocalypse. but that's only if the republicans negotiate and barack obama remains strong. >> okay. i'm going to ask both of you for your predictions. how long will it take lawmakers to come up with a deal? maria? >> i think it will take up until the middle of december. >> jason? >> yeah, and -- >> it'll be a christmas surprise for everybody. i think they're going to be until the last minute and they're going to leave at the absolute last minute. both sides will hold out to look tough. >> but i think -- >> a box of compr

speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medi

speaker boehner says 2013 should be the year he says we begin to solve our debt through tax and entitlement reform. don't hold your breath. for starters, there's not that much time left for this lame duck session of congress. after all, they have to get their thanksgiving and christmas vacations in, right? and the democrats might want to wait until january when they have a larger majority in the senate. then there's always the possibility that congress settles on a smaller deal, a temporary one. kick the can down the road again. but if nothing is done, taxes will go up for every single american, and we'll be looking square at another recession next year. none of this will be easy on americans' pocketbooks. that's the question. how will the fiscal cliff affect the way you handle your money. post a comment on my blog, or go to my post on "the situation room's" facebook page. >> love that analogy to thelma and louise. >>> and the growing scandal between two top generals and two married women. one powerful lawmaker describes it as something right out of a tabloid. joining us now

leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last week, nancy pelosi says she's staying. >> i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. >> reporter: flanked by dozens of her democratic female colleagues, pelosi clearly relished the chance to draw a stark contrast with house republicans. >> i'm so proud to stand here with you, my sisters. this is girls morning out. we must have the further empo r empowerment of women. this statement of the strength of women in the congress of the united states. >> reporter: the next congress will have a record 78 women serving in the house. 58 of them democrats, only 20

for the failed grand bargain negotiations with speaker boehner. you know how these things work. everyone stakes out their two sides and ultimately, the final decision is somewhere in the middle. >> that's right. big negotiating game. this is a starting point. brianna keilar, great to see you this morning. >> it is seven minutes past the hour. will she or won't she? do you know? >> i wish i did. >> politicos in washington want to know if nancy pelosi will seek another term as house minority leader. the 72-year-old california democrat is expected to announce her decision today. pelosi has scheduled leadership elections for november 29th. that's later than usual. and that's prompted speculation that the former speaker may relinquish her role as a top house democrat. they say she's holding this very close to the vest. >>> and coming up on "starting point," former house speaker and gop presidential hopeful newt gingrich and his wife callista. their take on the presidential election, and will also weigh in on the petraeus scandal. >> and keep it on cnn for special coverage. we told you, president oba

boehner said i don't want to put anybody in a box, they don't want to have some framework out there the markets are going to get all concerned about. but inside wall street, different analysts and investment houses are saying they're not certain that a deal is -- the kind of deal that wall street wants is going to actually get done. so that's still something to really be concerned about. a lot of comparisons going on in the debt ceiling debate of 2011 that started all this. that was a very hard time for investors. and for the public. now something that's a little more fun, faster and cooler, motor trend car of the year, this was a really cool tesla model "s" all-electric plug-in luxury car. the first time an electric car has been elected. eleven finalists. and this was a pretty solid field. the ford fusion, porsche 911. the hyundai azera and the editor at motor trend said at its core the tesla model "s" is simply a damned good car you happen to blug in to refuel. seats seven. in part because it doesn't have a big, bulky combustion engine. average 74.5 miles per gallon equivale

can tell you that the guys in the house and boehner, they really want to do this, this limiting deductions, limiting loopholes, raising effective rates, but lowering nominal rates. they want to do it that way but the president may say no and those guys in the house will say no and we might, it might happen. >> it might, but look, this is a leadership moment. we have a a leader who now has second term. he's a president. he's a fascinating individual in many respects. he's part of the problem. >> what gives you any indication he'll lead in this case? >> maybe he'll wake up to the fact that he has a chance to cut through the polarization and leave a winning legacy. this is his chance to rise above. give him a button. >> there you go. thank you for that, steve. we have more ahead from steve. coming up, we're going to talk about several stocks on the move ahead of the opening bell. we'll get down to "mad money's" jim cramer. "squawk on the street," jim cramer right after this. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker

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